Ukraine’s POW transfer reveal deals North Korea a propaganda blow

Ukrainian President Volodymyr Zelensky has put North Korea in a propaganda bind, analysts say, by publicly revealing that Kyiv recently transferred two North Korean prisoners of war to South Korea.
The disclosure – made during Zelensky’s address to the UN General Assembly on Wednesday – directly challenges Pyongyang’s narrative that its soldiers fighting alongside Russian forces choose death over surrendering.
North Korea is unlikely to acknowledge the transfer publicly, but may strengthen…

Singapore’s finance firms pledge to train 80,000 local staff in AI skills

Singapore’s major financial institutions have pledged to train more than 80,000 local employees in AI skills as the country moves to cushion white-collar workers from potential job disruption.
A pioneer batch of 23 banks, insurers and asset managers has committed to train all their Singapore staff by 2028, and more than half of them have already gone through programmes recognised by an industry association, according to Deputy Prime Minister Gan Kim Yong.
The firms would also study how jobs were…

US turns to South Korea to ease ammunition bottlenecks amid global conflicts

Washington is increasingly turning to South Korea to ease ammunition supply bottlenecks triggered by wars in the Middle East and Europe, potentially accelerating Seoul’s integration into the US defence industrial base.
Analysts say the United States may struggle to replenish stockpiles quickly enough if conflicts in Iran and Ukraine drag on, creating opportunities for South Korea’s defence industry to expand its presence in the US market.
Jang Won-joon, a defence science professor at Jeonbuk…

Singapore’s entry-level job market shrinks despite salary growth, data shows

While starting salaries for fresh graduates and entry-level workers in Singapore continue to creep upwards, the number of people in entry-level roles is shrinking, according to new data, indicating an increasingly tough job market for those at the start of their careers.
Data published last month by global professional services firm Aon showed a 2.5 per cent year-on-year salary increase for entry-level employees, alongside a 3.2 per cent drop in entry-level headcount.
The findings come as…

Gulf tech firms turn to Hong Kong and Singapore as Iran war grinds on

Paul Bratby had already drawn up plans for expanding to Hong Kong when war broke out in the Middle East earlier this year.
But the founder of xBratAI, a Dubai-based AI-powered trading signals platform, soon brought that timeline forward as the Iran conflict dragged on and widened in scope.
“Our Hong Kong entity had been scheduled for a few years later, but we established it in early 2026,” he said.
Bratby is not alone in looking east. As missiles continue to target Gulf capitals and shipping…

Indonesia breathing issues spike to over 170,000 cases amid wildfire haze

More than 170,000 respiratory cases were recorded in regions affected by haze in Indonesia, a health ministry official said on Tuesday, as the country continues its battle to control fires that caused the toxic smog.
Blazes in Borneo, Sumatra and Papua have blanketed parts of the vast archipelago of more than 280 million people with haze, as well as neighbouring Malaysia and Singapore, sending air quality indices plummeting.
The toxic smog contains pollutants including PM 2.5, a fine particulate…

Moscow’s asset seizures unnerve Japanese companies in Russia

More than 200 Japanese companies still operating in Russia face growing uncertainty following Moscow’s seizure of three Western firms’ assets, amid deteriorating diplomatic relations.
The Kremlin announced on Friday that the assets of Swiss food giant Nestlé, French retailer Auchan and home improvement chain Lemana Pro had been transferred to Russian entity LEV Management under a decree signed a day earlier by President Vladimir Putin.
“These are unfriendly nations,” Kremlin spokesman Dmitry…